Which of the following statements, regarding new car purchases in the United States, is most accurate?
A)While men of all races pay basically the same price, women regardless of race pay considerably more.
B)Seventy-nine percent of all men purchasing cars cite haggling over price as the most exciting aspects of the purchase.
C)Car dealers offer African-Americans, women, and Hispanics higher prices than the typical purchaser.
D)Flexible pricing will soon become illegal in the auto industry unless clear objective criteria are stated in the pricing policy.
E)Female automobile salespeople rarely if ever offer flexible pricing.

Question

Quizplus · Accepted Answer

Studies have shown that car dealers offer higher prices to African-Americans, women, and Hispanics, even if they have the same financial information as a white male purchaser with a similar credit history. This practice is known as "dealer markups," and it has been the subject of lawsuits and government investigations.

Which of the Following Statements, Regarding New Car Purchases in the United